First Guarantee Year definition

First Guarantee Year is defined as the period beginning on the first (1st) day of the month following the date of Final Project Acceptance of the Work installed and ending on the day prior to the first (1st) anniversary thereof.

Examples of First Guarantee Year in a sentence

  • HONEYWELL will provide this one-time determination of the quantity of energy avoidance of the CUSTOMER’S facility for the First Guarantee Year only.

  • HONEYWELL will provide a single (1) reporting submission of the determination of energy avoidance for the First Guarantee Year.

  • The Energy Avoidance quantified in the First Guarantee Year will be stipulated as the annual Energy Avoidance for each Guarantee Year of the remaining contract term.

  • All Cost Avoidance realized by Customer that result from activities undertaken by Honeywell prior to Final Project Acceptance, including any utility rebates or other incentives earned as a direct result of the installed ECMs or Support Services provided by Honeywell, will be applied toward the Guaranteed Savings for the First Guarantee Year.

  • All energy and operational cost avoidance realized by Customer that result from activities undertaken by Honeywell prior to Final Project Acceptance will be applied toward the Guaranteed Savings for the First Guarantee Year.

  • Honeywell will provide this one-time determination of the quantity of energy avoidance of the Customer’s facility for the First Guarantee Year only.

  • Honeywell will provide a single (1) reporting submission of the determination of energy use avoidance for the First Guarantee Year.

  • All capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Lease.

  • All Cost Avoidance realized by Customer that result from activities undertaken by Honeywell prior to Final Project Acceptance, including any utility rebates or other incentives earned as a direct result of the installed ECMs or M&V Services provided by Honeywell, will be applied toward the Guaranteed Savings for the First Guarantee Year.

  • Expected Output (kWh) During First Guarantee Year (SETMC), by System and by Time of Use Period System Description Total Year Summer Peak Summer Partial-Peak Summer Off-Peak Winter Partial- Peak Winter Off- Peak A Fremont Ground Tracker – Sanyo modules 2,107,973 550,292 405,342 429,142 481,451 241,746 B-1 Newark Carport Tracker 296,331 80,418 56,466 61,015 65,853 32,578 B-2 Newark Carport Tracker 2,147,346 577,828 410,703 441,073 480,026 237,716 Table 2.